Super Aguri withdraw from Formula One

6 May 2008

Super Aguri have withdrawn from the Formula One world championship with immediate effect, the team announced on Tuesday.

After weeks of speculation about their future following the collapse of a proposed takeover by the Magma Group, a last-minute rescue package by German automotive company Weigl Group was not good enough to keep them racing.

Team principal Aguri Suzuki is understood to have met with the Honda board in Japan on Tuesday, but the outcome of that meeting was that the team will no longer be racing.